Clarification

The information contained in the declaration of ICDS 2016 will not share with any law enforcement agency

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Circular No. 27 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  (TPL Division) *** Dated 14th day of July, 2016 Clarifications on the Income Declaration Scheme, 2016 The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) came into effect on 1st June, 2016. To … Read more

Clarification regarding Explanation 5 to clause (i) of sub-section (1) of section 9 of Income-tax Act, 1961

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CIRCULAR No. 4 /2015 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated 26th March, 2015 Subject: Clarification regarding Explanation 5 to clause (i) of sub-section (1) of section 9 of Income-tax Act, 1961 (`Act’) – regarding Section 9 of the Income-tax Act provides for … Read more